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FLKR vs. IAK
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FLKR vs. IAK

Last updated Aug 4, 2026
Documentation

FLKR (Franklin FTSE South Korea ETF) and IAK (iShares U.S. Insurance ETF) are both exchange-traded funds - FLKR is a South Korea Equities fund tracking the FTSE South Korea RIC Capped Index, while IAK is a Financials Equities fund tracking the Dow Jones U.S. Select Insurance Index. Both are passively managed. Over the past 5 years, FLKR returned 14.00%/yr vs 15.99%/yr for IAK. Their 0.28 correlation means their historical movements had little consistent relationship. FLKR charges 0.09%/yr vs 0.38%/yr for IAK.

Performance

FLKR vs. IAK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin FTSE South Korea ETF (FLKR) and iShares U.S. Insurance ETF (IAK). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FLKR achieves a 65.26% return, which is significantly higher than IAK's 10.11% return.

FLKR

1D
2.41%
1M
-10.75%
6M
33.85%
YTD
65.26%
1Y
129.79%
3Y*
38.63%
5Y*
14.00%
10Y*
—
ALL TIME*
11.50%

IAK

1D
0.03%
1M
-0.03%
6M
12.56%
YTD
10.11%
1Y
19.67%
3Y*
19.67%
5Y*
15.99%
10Y*
13.18%
ALL TIME*
7.39%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

FLKR

Franklin FTSE South Korea ETF
$59.58M$54.36M$54.35M

IAK

iShares U.S. Insurance ETF
$15.27M$20.59M$12.29M

FLKR vs. IAK - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
FLKR
Franklin FTSE South Korea ETF		65.26%91.91%-18.84%19.16%-27.50%-7.54%42.64%8.88%-21.30%3.00%
IAK
iShares U.S. Insurance ETF		10.11%9.50%28.25%11.28%11.33%26.84%-2.86%25.94%-11.48%1.66%

Correlation

The correlation between FLKR and IAK is -0.29, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

-0.29

Correlation (3Y)
Balances recent behavior with more history.

0.00

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.16

Correlation (All Time)
Calculated using the full available price history since Nov 6, 2017

0.28

The correlation between FLKR and IAK shifts across timeframes, from -0.29 (1 year) to 0.28 (all time), reflecting how their relationship changes across market environments.

FLKR vs. IAK - Sectors Allocation Comparison

Sectors
FLKR
IAK

Technology

50.8%

-

Industrials

17.1%

-

Financial Services

12.3%
99.3%

Consumer Cyclical

7.1%

-

Healthcare

3.6%
0.7%

Basic Materials

2.9%

-

Communication Services

2.5%

-

Consumer Defensive

2.2%

-

Energy

0.7%

-

Utilities

0.5%

-

Real Estate

-

-

Technology

FLKR
50.8%
IAK

-

Industrials

FLKR
17.1%
IAK

-

Financial Services

FLKR
12.3%
IAK
99.3%

Consumer Cyclical

FLKR
7.1%
IAK

-

Healthcare

FLKR
3.6%
IAK
0.7%

Basic Materials

FLKR
2.9%
IAK

-

Communication Services

FLKR
2.5%
IAK

-

Consumer Defensive

FLKR
2.2%
IAK

-

Energy

FLKR
0.7%
IAK

-

Utilities

FLKR
0.5%
IAK

-

Real Estate

FLKR

-

IAK

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Franklin FTSE South Korea ETF

iShares U.S. Insurance ETF

Often compared with FLKR:
FLKR vs. EWYFLKR vs. SCHDFLKR vs. FLJPFLKR vs. VOOFLKR vs. KORUFLKR vs. HFXIFLKR vs. FLXK.DE
Often compared with IAK:
IAK vs. KIEIAK vs. KBWPIAK vs. IHEIAK vs. DIVBIAK vs. INFLIAK vs. ^SP500TRIAK vs. VYM

Return for Risk

FLKR vs. IAK — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
FLKR
FLKR Risk / Return Rank: 8888
Overall Rank
FLKR Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
FLKR Sortino Ratio Rank: 8282
Sortino Ratio Rank
FLKR Omega Ratio Rank: 8686
Omega Ratio Rank
FLKR Calmar Ratio Rank: 8989
Calmar Ratio Rank
FLKR Martin Ratio Rank: 8888
Martin Ratio Rank
IAK
IAK Risk / Return Rank: 5454
Overall Rank
IAK Sharpe Ratio Rank: 4949
Sharpe Ratio Rank
IAK Sortino Ratio Rank: 4949
Sortino Ratio Rank
IAK Omega Ratio Rank: 4747
Omega Ratio Rank
IAK Calmar Ratio Rank: 7272
Calmar Ratio Rank
IAK Martin Ratio Rank: 5252
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FLKR vs. IAK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE South Korea ETF (FLKR) and iShares U.S. Insurance ETF (IAK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

FLKRIAKDifference
Sharpe ratioReturn per unit of total volatility
2.45
1.24

+1.21

Sortino ratioReturn per unit of downside risk
2.72
1.81

+0.92

Omega ratioGain probability vs. loss probability

1.39

1.22

+0.16

Calmar ratioReturn relative to maximum drawdown

3.82

2.59

+1.23

Martin ratioReturn relative to average drawdown

13.36

6.29

+7.06

FLKR vs. IAK - Sharpe Ratio Comparison

The current FLKR Sharpe Ratio is 2.45, which is higher than the IAK Sharpe Ratio of 1.24. The chart below compares the historical Sharpe Ratios of FLKR and IAK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

FLKR vs. IAK - Drawdown Comparison

The maximum FLKR drawdown since its inception was -50.06%, smaller than the maximum IAK drawdown of -77.38%. Use the drawdown chart below to compare losses from any high point for FLKR and IAK.

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Drawdown Indicators

FLKRIAKDifference

Max Drawdown

Largest peak-to-trough decline

-50.06%

-77.38%

+27.32%

Max Drawdown (1Y)

Largest decline over 1 year

-34.17%

-7.62%

-26.55%

Max Drawdown (3Y)

Largest decline over 3 years

-34.17%

-11.58%

-22.59%

Max Drawdown (5Y)

Largest decline over 5 years

-47.97%

-14.76%

-33.21%

Max Drawdown (10Y)

Largest decline over 10 years

—

-44.95%

—

Current Drawdown

Current decline from peak

-26.69%

-3.20%

-23.49%

Average Drawdown

Average peak-to-trough decline

-21.96%

-16.01%

-5.95%

Ulcer Index

Depth and duration of drawdowns from previous peaks

9.75%

3.13%

+6.62%

Volatility

FLKR vs. IAK - Volatility Comparison

Franklin FTSE South Korea ETF (FLKR) has a higher volatility of 21.44% compared to iShares U.S. Insurance ETF (IAK) at 6.56%. This indicates that FLKR's price experiences larger fluctuations and is considered to be riskier than IAK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

FLKRIAKDifference

Volatility (1M)

Calculated over the trailing 1-month period

21.44%

6.56%

+14.88%

Volatility (6M)

Calculated over the trailing 6-month period

50.34%

12.42%

+37.92%

Volatility (1Y)

Calculated over the trailing 1-year period

53.44%

15.99%

+37.45%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

32.18%

18.13%

+14.05%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

29.79%

20.92%

+8.87%

FLKR vs. IAK - Expense Ratio Comparison

FLKR has a 0.09% expense ratio, which is lower than IAK's 0.38% expense ratio.

Dividends

FLKR vs. IAK - Dividend Comparison

FLKR's dividend yield for the trailing twelve months is around 2.79%, more than IAK's 2.42% yield.

PositionTTM20252024202320222021202020192018201720162015
FLKR
Franklin FTSE South Korea ETF		2.79%3.87%7.08%2.28%3.13%2.12%0.99%2.09%1.86%1.02%0.00%0.00%
IAK
iShares U.S. Insurance ETF		2.42%1.69%1.49%1.44%1.69%2.26%2.07%1.84%2.33%1.62%1.68%1.62%

Frequently Asked Questions

FLKR and IAK have a correlation of -0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

FLKR has higher volatility (21.44%) compared to IAK (6.56%). In terms of maximum drawdown, FLKR dropped -50.06% vs IAK's -77.38%.

On 5-year performance, IAK leads with 15.99% vs 14.00% for FLKR. On fees, FLKR is cheaper at 0.09% per year. On volatility, IAK has been the lower-risk option at 6.56%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, IAK has performed better with a 15.99% return vs 14.00%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

FLKR is cheaper with a 0.09% expense ratio, compared with 0.38% for IAK.

FLKR has the higher dividend yield at 2.79%, compared with 2.42% for IAK.

FLKR is categorized as South Korea Equities, while IAK is Financials Equities. FLKR tracks FTSE South Korea RIC Capped Index, while IAK tracks Dow Jones U.S. Select Insurance Index. They also come from different issuers: Franklin Templeton and iShares. Their fees differ too: 0.09% for FLKR and 0.38% for IAK.

FLKR currently has the higher Sharpe Ratio (2.45 vs 1.24), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

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